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Small businesses, big growth – a report on SME banking & lending

by Alex Green / Wednesday 16 March 2022 / Published in Digital reports
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DISRUPTION DIARIES: SMALL BUSINESSES, BIG GROWTH

Small and medium enterprises (SMEs) account for 90% of businesses worldwide. SMEs have always been the backbone of the global economy and significant contributors to job creation. However, the road to SME success is not easy.

Mambu surveyed over 1,000 SMEs globally who set up their company and applied for a business loan in the last five years, to learn about their drivers for growth and access to funding. Mambu shares the key findings of the research in their latest ‘Small businesses, big growth.’ report.

Key learnings from the report are:

  • How the pandemic has supercharged SME growth and evolved their expectations of lending and banking.
  • The main considerations SMEs have when choosing a lender.
  • The core factors lenders need to offer to attract and retain SME businesses.
  • Insights from thought-leaders in the SME ecosystem including: Recognise Bank, New10, kompasbank, Salt Edge,  nCino, IRIS bank and Richard Lim, CEO of Retail Economics.

Gain further insights by downloading the report now.

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